He may have vaporized Amaranth Advisors’ clients’ money, but, apparently, not all of his own. And now Brian Hunter’s using it to preserve his anonymity. Alas, it will cost the most entertaining natural-gas trader in history’s his full freedom to play in markets he knows well enough to lose $6.6 billion in, but that’s a small price to pay for remaining, in the eye of Google Images, a fisherman. Or a fish. Whichever.
Brian Hunter’s settlement avoids a trial that was scheduled to begin next month. Under the agreement, which “fully resolves” the commission’s claims against him, Hunter also agreed to a partial ban on futures trading.